OI (O-I Glass) Cyclically Adjusted Book per Share: $6.69 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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OI O-I Glass Inc OI
56 GF Score
Price $7.25
GF Value $12.74
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is O-I Glass Cyclically Adjusted Book per Share?

O-I Glass OI -2.95% 56 Cyclically Adjusted Book per Share is $6.69 as of Jun. 2026. GuruFocus rates OI with a GF Score™ of 56/100 and a GF Value™ of $12.74 (Possible Value Trap). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

O-I Glass's adjusted book value per share for the three months ended in Jun. 2026 was $2.493. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $6.69 for the trailing ten years ended in Jun. 2026.

During the past 12 months, O-I Glass's average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -3.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of O-I Glass was 6.20% per year. The lowest was -10.00% per year. And the median was -0.70% per year.

As of today (2026-08-06), O-I Glass's current stock price is $7.25. O-I Glass's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $6.69. O-I Glass's Cyclically Adjusted PB Ratio of today is 1.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of O-I Glass was 4.17. The lowest was 0.83. And the median was 2.36.


O-I Glass  (NYSE:OI) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

O-I Glass's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.25/6.69
=1.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of O-I Glass was 4.17. The lowest was 0.83. And the median was 2.36.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


O-I Glass Cyclically Adjusted Book per Share Related Terms


O-I Glass Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for O-I Glass's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

O-I Glass Cyclically Adjusted Book per Share Chart

O-I Glass Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.35 5.62 6.07 5.99 6.36

O-I Glass Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.11 6.20 6.36 6.63 6.69

OI vs TRS, MYE, KRT: Cyclically Adjusted Book per Share Comparison

For the Packaging & Containers subindustry, O-I Glass's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


O-I Glass Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, O-I Glass's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where O-I Glass's Cyclically Adjusted PB Ratio falls into.


OI
56GF Score
O-I Glass Inc OI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

O-I Glass Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, O-I Glass's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.493/333.9520*333.9520
=2.493

Current CPI (Jun. 2026) = 333.9520.

O-I Glass Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.472 241.428 3.419
201612 1.565 241.432 2.165
201703 3.073 243.801 4.209
201706 4.114 244.955 5.609
201709 5.043 246.819 6.823
201712 4.955 246.524 6.712
201803 6.116 249.554 8.184
201806 4.885 251.989 6.474
201809 5.974 252.439 7.903
201812 5.050 251.233 6.713
201903 5.721 254.202 7.516
201906 6.272 256.143 8.177
201909 2.153 256.759 2.800
201912 2.996 256.974 3.893
202003 -0.109 258.115 -0.141
202006 -0.312 257.797 -0.404
202009 1.063 260.280 1.364
202012 1.887 260.474 2.419
202103 0.988 264.877 1.246
202106 2.537 271.696 3.118
202109 2.946 274.310 3.587
202112 4.605 278.802 5.516
202203 6.120 287.504 7.109
202206 7.340 296.311 8.272
202209 8.631 296.808 9.711
202212 9.160 296.797 10.307
202303 11.393 301.836 12.605
202306 13.040 305.109 14.273
202309 12.836 307.789 13.927
202312 10.431 306.746 11.356
202403 10.833 312.332 11.583
202406 9.674 314.175 10.283
202409 8.717 315.301 9.233
202412 7.003 315.605 7.410
202503 7.202 319.799 7.521
202506 8.022 322.561 8.305
202509 8.640 324.800 8.883
202512 8.459 324.054 8.717
202603 8.324 330.213 8.418
202606 2.493 333.952 2.493

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $6.69 mean?
O-I Glass (OI) has a Cyclically Adjusted Book per Share of $6.69 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on O-I Glass and its competitors.
Is O-I Glass' Cyclically Adjusted Book per Share too high?
O-I Glass' current Cyclically Adjusted Book per Share is $6.69. Overall, O-I Glass has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does O-I Glass' Cyclically Adjusted Book per Share compare to TRS and MYE?
O-I Glass' Cyclically Adjusted Book per Share of $6.69 can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Packaging & Containers company?
A good Cyclically Adjusted Book per Share depends on the Packaging & Containers industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on O-I Glass and its competitors. O-I Glass's current Cyclically Adjusted Book per Share is $6.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is O-I Glass stock overvalued right now?
Based on GuruFocus' analysis, O-I Glass (OI) is currently considered Possible Value Trap. The stock's GF Value™ is $12.74, compared to a current price of $7.25 — trading 43.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is $6.69. O-I Glass' overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For O-I Glass (OI), the current Cyclically Adjusted Book per Share is $6.69 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is O-I Glass (OI) Overvalued in 2026?

Based on GuruFocus' analysis, O-I Glass stock appears to be undervalued. The current stock price of $7.25 is trading 43.1% below its estimated GF Value™ of $12.74. GuruFocus considers O-I Glass to be Possible Value Trap.

Key valuation signals for OI:

  • Cyclically Adjusted Book per Share: $6.69
  • GF Value™: $12.74 vs. price of $7.25 (43.1% below fair value)
  • GF Score™: 56/100 with 4 warning signs

No single metric tells the full story. See the OI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


O-I Glass Business Description

Other Exchanges OI:Mexico2WZ:Germany
Address One Michael Owens Way, Perrysburg, OH, USA, 43551
O-I Glass is the manufacturer of glass containers. The Company has two reportable segments and two operating segments based on its geographic locations: Americas and Europe. Beer is the primary end market for O-I's glass bottles, which are also used for wine, soda, spirits, condiments, and food.
56GF Score

Get the complete analysis for OI

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.25
Price
$12.74
GF Value